Six myths about blockchain and Bitcoin: Debunking the effectiveness of the technology
https://www.kaspersky.co.za/blog/bitcoin-blockchain-issues/17705/
We are told only what they like us to hear, but never the weaknesses.
Myths: No one "authority" controls bit coin.
False. Some human manages and therefore controls bitcoin. Here mainly the miners. When the
miners collude, then they are fully in control of bitcoin.
If we say the miners (and the developers) cannot control and manipulate bitcoin, it is like saying no one
can control the direction of a country's politics and who gets to be the government.
Bitcoin is only as safe as the people behind it.